Expert Medical Billing solutions designed to maximize your reimbursements while minimizing your workload.
At NextGen Consultancy, we specialize in providing accurate, timely, and efficient medical billing services designed to maximize your practice’s revenue. Our experienced team ensures that your claims are processed promptly, allowing you to focus more on patient care and less on administrative tasks.
- Lower Billing Cost
- Accurate claim submission
- Customized services for your practice
Are You Making More Revenue but Lesser Profits?
Guess what, higher billing costs could be taking away a big chunk of your revenue, leaving crumbs behind.
Outsourcing with NextGen Is Inexpensive Because We Make Billing Affordable for Your Individual Practice
We have collaborated with over 100+ practices of various sizes, delivering exceptional medical billing services that have boosted their revenue by an average of 30%. Running a small practice comes with many challenges, such as delivering high-quality care, managing administrative tasks, handling billing and coding, and maintaining accuracy—all on your own. We understand your struggles! As a dedicated medical billing service provider, our specialists offer innovative solutions at competitive rates. We help transition your practice from merely surviving to thriving, offering you the chance to:
- Outsource a staff solely focused on improving your profits
- Expand your practice
- Maintain billing and coding accuracy while being time and cost-efficient
- Streamline your RCM
- Manage patient encounters
WHY CHOOSE US FOR MEDICAL BILLING?
At our consultancy, we understand the complexities of medical billing. Our experienced team ensures that your claims are processed accurately and promptly, maximizing your revenue and allowing you to focus on patient care.
Administrative Tasks
Focus on patient care while we handle all your administrative tasks.
Billing Compliance
Stay compliant with the latest regulations and coding standards.
Cost-Effective
Our services are cost-effective and tailored to your specific needs.
Quick Reimbursements
Expedite your revenue cycle with our efficient billing processes.
Clear Reporting
Get clear and detailed reports on your financial performance.
Denial Management
Reduce claim denials with our comprehensive denial management services.
OUR MEDICAL BILLING PROCESS
Our Medical Billing Process to Prevent Revenue Loss and Minimize A/R Aging Cycles
Patient Registration
- Collect accurate patient data including demographics and medical history to ensure comprehensive records.
- Verify patient details to prevent errors and ensure data integrity.
- Assist patients with any queries during the registration process for a smooth experience.
Prior Authorization & Eligibility Verification
- Obtain prior authorization from the insurance company for necessary treatments.
- Verify patient eligibility and coverage to avoid claim rejections.
- Ensure timely and accurate charge posting to expedite reimbursements.
Medical Coding
- Perform error-free, standardized coding for all procedures and treatments.
- Identify and correct any coding errors promptly to maintain accuracy.
- Ensure compliance with coding guidelines and regulations.
Charge Entry
- Accurately enter charges for all services rendered to prevent billing discrepancies.
- Promptly charge patient accounts to avoid surprise bills.
- Efficient charge posting to ensure timely reimbursements.
Claims Submission
- Submit claims electronically to speed up the reimbursement process.
- Ensure all claims are accurate and compliant with industry standards.
- Maintain thorough documentation to support all submitted claims.
Denial Management
- Constantly follow up on the status of submitted claims to ensure prompt processing.
- Address old claims, rejections, and denials swiftly to minimize A/R aging.
- Implement strategies to reduce claim denials and improve collections.
Payment Posting
- Post payments after successful claims processing, including co-pays, deductibles, and insurance payments.
- Ensure financial transparency and accurate record-keeping.
- Reconcile payments to prevent discrepancies and maintain financial accuracy.
Medical Billing Audit
- Conduct regular billing audits to identify and rectify discrepancies.
- Track all steps of the billing process to improve revenue cycle management.
- Ensure compliance with billing standards and regulations to prevent issues.
MAJOR INSURANCE PROVIDERS
Clearing Claims With Major Insurance Providers
We efficiently handle claims with a wide range of insurance providers. Our expertise ensures timely processing and improved reimbursement rates, allowing you to focus on patient care while we manage the administrative details.
TALK TO US
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Just Book A Call With Us.
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Helping Healthcare Businesses All Around America.
We’re here to help healthcare businesses across the United States achieve their goals. Whether you have questions about our services, need support, or are ready to take your practice to the next level, our team is ready to assist you.